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Favouritism is very common in the countries of the Middle East and North Africa, where it is usually referred to as "wasta" (connection). The study by Loewe et al. analyses the impact of wasta on the business climate. It presents the results of extensive empirical research conducted in Jordan...
Persistent link: https://www.econbiz.de/10013086686
This article discusses how favoritism affects the business climate. It is based on research conducted in Jordan. Jordan’s business climate is mediocre in international and regional comparison, which is not sufficient in light of the country’s small domestic market. Business people consider...
Persistent link: https://www.econbiz.de/10014160946